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14 Colborne Street N Simcoe, Ontario N3Y 3T9

9 Bedroom 5600 sqft
None

$699,919

Welcome to 14 Colborne Street North, located in the heart of the beautiful Town of Simcoe. This exceptional investment opportunity is ideal for savvy investors seeking a strong, cash-flowing asset to enhance their portfolio. The property consists of five fully occupied residential units and one leased commercial space, offering a reliable and consistent income stream. Situated in a premium, high-visibility location, the building is currently operating at an impressive cap rate of over 7%, supported by stable tenancies and solid market demand. Opportunities like this are rare—secure your chance to view this turnkey investment property before it’s gone! (id:49269)

Property Details

MLS® Number 40778823
Property Type Multi-family
AmenitiesNearBy Park

Building

BedroomsTotal 9
BasementDevelopment Unfinished
BasementType Partial (unfinished)
CoolingType None
ExteriorFinish Brick
FoundationType Stone
HeatingFuel Electric
StoriesTotal 2
SizeInterior 5600 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Park
Sewer Municipal Sewage System
SizeDepth 147 Ft
SizeFrontage 38 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Cg

https://www.realtor.ca/real-estate/28989557/14-colborne-street-n-simcoe

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